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Fincash » Mutual Funds » Mirae Asset Cash Management Fund

Mirae Asset Cash Management Fund - G

NAV  ₹2,404.84 ↑ 0.45  (0.02 %) as on 22 Aug 23

Scheme Objective

The investment objective of the scheme is to generate consistent returns with a high level of liquidity in a judicious portfolio mix comprising of money market and debt instruments. The Scheme does not guarantee any returns.

Mirae Asset Cash Management Fund is a Debt - Liquid Fund fund launched on 12 Jan 09. It is a fund with Low risk and has given a CAGR return of 6.2% since its launch.  Ranked 48 in Liquid Fund category.  Return for 2022 was 4.8% , 2021 was 3.3% and 2020 was 4.2% .

Below is the key information for Mirae Asset Cash Management Fund

NAV as on 22 Aug 23₹2,404.84 ↑ 0.45  (0.02 %)
Net Assets (AUM) as on 31 Jul 2023 ₹9,816 Cr.
Launch Date12 Jan 2009
CategoryDebt - Liquid Fund
Rating
TypeOpen Ended Fund
RiskLow
Yield To Maturity7.01%
Effective Maturity1 Month 24 Days
Modified Duration1 Month 24 Days
Alpha Ratio0.0
Expense Ratio0.19 %
Sharpe Ratio0.624
Information Ratio0.0
BenchmarkNot Available
ISININF769K01788
AMCMirae Asset Global Inv (India) Pvt. Ltd
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month 0.6%
3 Month 1.7%
6 Month 3.5%
1 Year 6.7%
3 Year 4.6%
5 Year 5.2%
10 Year
15 Year
Since launch 6.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 4.8%
2021 3.3%
2020 4.2%
2019 6.6%
2018 7.3%
2017 6.6%
2016 7.2%
2015 7.8%
2014 8.7%

Growth of 10k Over Years

DateValue
31 Aug 18₹10,000
31 Aug 19₹10,726
31 Aug 20₹11,256
31 Aug 21₹11,627
31 Aug 22₹12,076
31 Aug 23₹12,886
Mirae Asset Cash Management Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash100%
Mirae Asset Cash Management Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent77.22%
Government12.55%
Corporate10.23%
RatingValue
AAA100%
Mirae Asset Cash Management Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Treps
CBLO/Reverse Repo | -
5%₹445 Cr
National Bank For Agriculture And Rural Development
Commercial Paper | -
4%₹350 Cr35,000,000
↑ 30,000,000
91 DTB 13072023
Sovereign Bonds | -
4%₹349 Cr35,000,000
182 DTB 07092023
Sovereign Bonds | -
3%₹299 Cr30,000,000
Canara Bank
Certificate of Deposit | -
3%₹249 Cr25,000,000
↑ 25,000,000
182 DTB 29092023
Sovereign Bonds | -
3%₹248 Cr25,000,000
↑ 5,000,000
Jamnagar Utilities & Power Private Limited
Commercial Paper | -
2%₹200 Cr20,000,000
↑ 20,000,000
182 DTB 31082023
Sovereign Bonds | -
2%₹199 Cr20,000,000
↑ 20,000,000
Ultratech Cement Limited
Commercial Paper | -
2%₹199 Cr20,000,000
Aditya Birla Fashion And Retail Limited
Commercial Paper | -
2%₹199 Cr20,000,000
1 - 10 of 124
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Fund Managers

NameSinceTenure
Abhishek Iyer28 Dec 202.68 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Mirae Asset Investment Managers (India) Private LimitedMirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098

Auditors

CompanyAddress
M/s. Chokshi & Chokshi101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Mirae Asset Cash Management Fund
Weekly Dividend, Reinvestment
₹1,153.61
↑ 0.22
3.44 %6.64 %4.58 %4.59 %
Mirae Asset Cash Management Fund
Monthly Dividend, Reinvestment
₹1,158.31
↑ 0.22
3.38 %6.58 %4.55 %4.39 %
Mirae Asset Cash Management Fund
Monthly Dividend, Payout
₹1,158.31
↑ 0.22
3.38 %6.58 %4.55 %4.39 %
Mirae Asset Cash Management Fund
Growth
₹2,404.84
↑ 0.45
3.46 %6.66 %4.58 %5.2 %
Mirae Asset Cash Management Fund
Daily Dividend, Reinvestment
₹1,066.43
3.45 %6.65 %4.48 %4.5 %
Data as on 22 Aug 23

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.